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MHUA

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) shares saw significant trading volume and price movement after the company announced its NT-2000 surgical path analysis system successfully supported a 5G remote robot-assisted lobectomy. The procedure was performed at Yangzhou University Affiliated Hospital by a team from Shanghai Chest Hospital. This development is part of Meihua's strategic initiatives to increase sales of high-end products and broaden its customer base.

Portfolio Pulse from Erica Kollmann

July 31, 2024 | 4:55 pm

FVRR

Fiverr International Ltd (NYSE:FVRR) reported better-than-expected Q2 fiscal 2024 results, with sales growth of 6% year-on-year to $94.66 million and an adjusted EPS of $0.58. The company also announced the acquisition of AutoDS. Despite a 27% stock loss over the past year, FVRR shares surged 17.20% following the earnings report.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 4:53 pm

Micron Technology Inc (NASDAQ:MU) shares are trading higher by 7.2% due to strong earnings from Advanced Micro Devices, Inc. (AMD) and potential exemptions from new export restrictions to China. This positive sentiment is lifting the entire semiconductor sector.

Portfolio Pulse from Henry Khederian

July 31, 2024 | 4:52 pm

OPCH

Option Care Health shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:51 pm

CDW

FCTE

WBIL

CDW Corporation (NASDAQ:CDW) reported worse-than-expected Q2 FY24 results, with net sales declining 3.6% Y/Y to $5.423 billion, missing the consensus of $5.425 billion. The challenging IT spending environment led to decreased sales across various segments. Despite a slight increase in gross margin, adjusted EPS of $2.50 missed the consensus of $2.53. CDW shares are down 5.73% following the report. Investors can gain exposure to CDW via SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Lekha Gupta

July 31, 2024 | 4:51 pm

CCCS

CCC Intelligent Solutions Holdings shares are trading lower after the company reported Q2 financial results. Jefferies maintained a Buy rating on the stock but lowered its price target from $14 to $13.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:49 pm

AMD

ASML

AVGO

MPWR

SMH

SOXX

UMC

Semiconductor stocks had their best session since February, driven by strong earnings and reduced concerns over chip export restrictions to China. Key ETFs and stocks like SOXX, SMH, AMD, and ASML saw significant gains.

Portfolio Pulse from Piero Cingari

July 31, 2024 | 4:47 pm

GHC

Graham Holdings shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:47 pm

FGEN

IMNN

KHC

NCNC

NUZE

PEPG

PMEC

U.S. stocks traded higher with the Dow Jones index gaining over 200 points. Kraft Heinz shares rose 4% after better-than-expected Q2 earnings. Notable stock movements include significant gains for noco-noco Inc., Primech Holdings Ltd, and NuZee, Inc., while Imunon, Inc., FibroGen, Inc., and PepGen Inc. saw substantial declines.

Portfolio Pulse from Avi Kapoor

July 31, 2024 | 4:45 pm

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading higher following the company's announcement of AI innovations and the global rollout of Tianji XOS 5.2. XPeng is expanding its Go Global 2.0 strategy and plans to debut a next-generation supercharger this quarter.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2024 | 4:40 pm